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Letter from the Editor

Rockin' Around in NYC

The New York Stock Exchange floor was rocking. It was a party. Besides the live music blaring, trading types were enjoying-as you might expect-food, drink and conversation. The host was BIDS Trading, and things are beginning to heat up for the dark pool. BIDS is the crossing network owned by roughly a dozen big brokers. Last month it broke two previous records for trading volume. The cause for celebration on the NYSE floor was the launch of BIDS Trader, its new buyside interface.

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